The pair has entered a supply zone from June of last year. It has also broken the up trend. Use the Trend lines that were previous support as resistance now! Happy Trading.
The price right now is comparatively low. Banks like to buy 'em cheap and so should you! Watch out for the supply above and make sure you're using trailing stops to lock in your profits- Carnell
Yellow Candles represent 50% or less candle body-to-wick. The pair is approaching a supply zone. This is an aggressive trade due to the lower price relative to the 1.03 and 1.38 range. Once the short is complete there is a demand zone below in pink which will likely continue the uptrend.